No more trades for the day after certain performance

• 01/18/2017 at 3:57 PM #21589
  kg6450

  Hi all, sorry for the long title but I had a question about automatically stopping and restarting the system based on strategy performance.

  I know that you can code in strategy performance using positionperf and strategyprofit commands but I was wondering if after a system was stopped, if it could automatically restart the next day without?

  For example I have a system that trades on an really fast timeframe (1min and below) and automatically stops after 12pm. What I Because it accumulates orders its wins and losses are very large but if I was to code it to stop trading after daily loss reached £500, could I then code it to automatically start again the next morning without having to do it manually?

  

  kg6450

  Participant

  Topics: 13

  Replies: 43

  Been thanked: 4 times
  01/18/2017 at 5:32 PM #21608
  Nicolas

  You’ll find everything you need in this blog post: max gain and loss in a day, with a nice code snippet Wing has made.

  Should not be too difficult to insert this into your own trading strategy 🙂 Let us know if you meet any problem.

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20832

  Been thanked: 4744 times
  01/18/2017 at 6:04 PM #21612
  kg6450

  Ah this is perfect, thank you Nicolas!

  

  kg6450

  Participant

  Topics: 13

  Replies: 43

  Been thanked: 4 times
• Author
  Posts